Sunday, 31 May 2020

Corona Business Destroyed By Corona, This Is the Effort of Entrepreneurs And Governments to Still Be Able to Pay Employee's Festive Allowance


illustrationillustration - Companies whose business is hit by the coronavirus pandemic have difficulty paying their employees' Holiday Allowance (THR). According to Industry Minister Agus Gumiwang Kartasasmita, industry players are looking for ways to fulfill these obligations.

They are asking for some stimulus to extend the breadth of their business.

"The first thing they want is a delay in payment of BPJS Employment contributions," said the Minister of Industry, Monday (6 April 2020).

Read more: Corona Effect! Economic Experts Said the Number of Poor People in Indonesia Will Increase Drastically

The second proposal, the industry wants a soft loan or soft loan from banks to help cash flow (cash flow) problematic companies. The Ministry of Industry has coordinated with the SOE Minister so that the State-Owned Bank Association (Himbara) can implement it.

"He (Minister of BUMN) will mobilize the Himbara bank to help provide soft loans to the industry in order to help cash flow from the industries which is actually very difficult," he said.

Read more: Maintaining Security and Economic Stability, Australia Prioritizes Helping Indonesia in the Corona Virus Pandemic

Then the third proposal, gas purchases for the industry could use a fixed exchange rate of IDR 14,000 per US dollar (US). This means that it does not follow exchange rate fluctuations.

"Now this is also outsmarting how the industry can provide THR to its employees," he added.


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